What do you do with a story in a business newspaper that wants to tell you who the fund manager of the year for 2018 was? If you’re anything like me, you have to delve into the paper or website to find out the name.
And how do you respond when the name of the fund is Panther Trust? Panther, who? And then what do you think when you find out it’s Stephen Woods. Stephen who?
I must admit this “who is the guy and his fund?” approach was also used by the AFR today. But all they did was put into words what anyone would’ve said. Let’s face it, many of us expected to see a fund we know or a fund manager who’s often in the news but no. For 2018, it was Woodsy and Panther.